Real Madrid denies report of $360M offer to buy Neymar

AP  |  Madrid 

Real has denied a report that it has offered to buy from Paris Saint-Germain for a world record of 310 million euros (USD 360 million).

says the report by Spanish public broadcaster is "absolutely untrue," adding the team "made no offer of any kind to PSG or the "

The statement was published hours after scored to help beat 2-0 and advance to quarterfinals.

Paris Saint-Germain is under pressure from to raise cash from selling players. The French club needs to help comply with "Financial Fair Play" rules which monitor overspending on transfers and wages. PSG spent a record 222 million euros (USD 260 million) last year by buy from

warned the French champions three weeks ago they will "remain under close scrutiny" when they submit accounts for the financial year, which ended last Saturday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 03 2018. 10:00 IST